shareholder returns

Oilfield services giant SLB reports strong Q3 results

October 18, 2024

(Oil Price) – The world’s biggest oilfield services provider, SLB (NYSE: SLB), expects to exceed its commitment of returns to shareholders this year as its third-quarter profit beat estimates and cash flow generation remained strong despite softened short-cycle activity. SLB reported on Friday earnings per share (EPS), excluding charges and credits, of $0.89 for the third quarter, up by 5% sequentially and 14%

Baytex announces 2024 budget and five-year outlook with continued focus on free cash flow generation and shareholder returns

December 6, 2023

Oil and Gas 360 Calgary, Alberta–(Newsfile Corp. – December 6, 2023) – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”) announces that its Board of Directors has approved a budget for 2024 exploration and development expenditures of $1.2 to $1.3 billion, which is designed to generate average annual production of 150,000 to 156,000 boe/d. “Our 2024 budget and five-year outlook demonstrates the

Baytex to acquire Eagle Ford operator Ranger Oil, accelerates shareholder returns and introduces a dividend with enhanced free cash flow

February 28, 2023

BOE Report Calgary, Alberta – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”, the “Company” or “we”) today announced that it has entered into a definitive agreement (the “Agreement”) to acquire Ranger Oil Corporation (NASDAQ: ROCC) (“Ranger”), a pure play Eagle Ford company (the “Acquisition”). The total consideration to be paid by Baytex, including assumption of net debt, is approximately US$2.5 billion

Conoco sweetens shareholder returns by $5 billion as profit jumps

August 4, 2022

Finance Yahoo ConocoPhillips on Thursday raised its shareholder payout target by 50% after the largest U.S. independent oil producer beat Wall Street’s earnings estimates on surging energy prices. Oil and gas prices have jumped with Western sanctions on Russia throttling energy supply amid a rebound in demand. Oil is trading about 25% higher since the start of the year

Ovintiv to accelerate doubling of shareholder returns; announces agreements to sell portions of its Uinta and Bakken assets for approximately $250 million

July 6, 2022

Oil and Gas 360 DENVER, July 6, 2022 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has reached agreements with two counterparties to sell portions of its assets located in the Uinta and Bakken Basins for total proceeds of approximately $250 million. As a result of these agreements and continued strong financial and operational results, Ovintiv has elected to accelerate

Oilfield services giant SLB reports strong Q3 results

Baytex announces 2024 budget and five-year outlook with continued focus on free cash flow generation and shareholder returns

Baytex to acquire Eagle Ford operator Ranger Oil, accelerates shareholder returns and introduces a dividend with enhanced free cash flow

Conoco sweetens shareholder returns by $5 billion as profit jumps

Ovintiv to accelerate doubling of shareholder returns; announces agreements to sell portions of its Uinta and Bakken assets for approximately $250 million

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